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As we reported, this is a five-year, $112.5 million extension with club option for 2018 that vests automatically for $21 million if Cain hits an innings target in 2017. I’m told it’s an easy number to hit if he is a healthy full-time starter. Cain also gets a full no-trade clause for the life of the deal

Quite technically, Cain is actually signing a six-year contract with a seventh-year option because his $15 million deal for this year was ripped up and included in the new deal so the no-trade rights could be inserted for 2012. The money for this year does not change.

As we’ve said, the $22.5 million average annual value is the highest for a right-handed pitcher on a multiyear deal. Interestingly, he broke the record of $20.25 million just set by Tim Lincecum for his 2012-13 deal.
http://blog.sfgate.com/giants/2012/04/02/sources-cain-close-to-5-year-110-million-deal/
 

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Limehouse Blues
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Greinke is a unique case because of his social anxiety issues. The big money teams aren't a good fit for him because of all the pressure of playing in NYC or Boston et cetera. So he's probably going to go for less than he would if he did not have that issue. Personally I would rather have 15 million and be happy than to have 21 million and be miserable.
 
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